The People Serving You

David Koshinski, CPA, is the CEO and founder of IPI Wealth Management, Inc. and Investment Planners, Inc. Since 1987, he has grown IPI from six financial professionals to a nationally respected firm with clients in 48 states—anchored by the principles of Integrity, Performance, and Innovation. David’s leadership has earned the firm national recognition, while his forward-thinking approach continues to attract financial professionals seeking personal connection, professional support, and real independence.

David is known for investing in both people and purpose. Rooted in his hometown of Decatur, Illinois, David blends business leadership with deep community and spiritual commitment. A lifelong member of St. Paul’s Lutheran Church, he has held numerous leadership roles and supports ministries like PawPrint and Evangelism Explosion International. His faith drives his passion for service, education, and building meaningful, lasting partnerships.

Whether guiding his firm, serving on national advisory councils, or contributing to local causes, David leads with vision, purpose, and a heart for positive impact, locally and globally.

As President of IPI Wealth Management, Inc. and Investment Planners, Inc., Bayard Closser, CFP®, leads with a focus on creating opportunities and infrastructure that empower financial professionals to thrive. With over 30 years in the financial services industry, Bayard has helped enhance operational efficiency, expand national advisor reach, and foster a client-centered culture of innovation.

Bayard’s background includes executive roles at firms like Voya (formerly ING), Fidelity and Vertical Capital Markets Group. He holds a degree in Finance from the University of Nebraska–Lincoln, is a CERTIFIED FINANCIAL PLANNER, and maintains multiple securities and insurance licenses.

Under Mr. Closser’s leadership, we have continued to uphold our commitment to integrity, performance, and innovation, delivering comprehensive wealth management solutions to clients across the United States.

Lori Fuerstenberg, IACCP®, leads with the goal of making compliance clear, supportive, and advisor-focused. With over 20 years of experience in financial regulation and advisory operations, Lori designs and oversees programs that help financial professionals meet regulatory requirements at the federal and state level.

Her role encompasses supervising internal policies, conducting regulatory audits, and ensuring that all advisory activities meet the stringent requirements set forth by governing bodies. Her efforts have been pivotal in maintaining the firms’ reputation for integrity and client trust, ensuring we operate at the highest standards of compliance and fiduciary responsibility.

Lori’s credentials include the IACCP® designation and a robust list of FINRA licenses (Series 7, 24, 28, 52, 53, 63, 66, 99, and 14). Before joining IPI in 2018, she held key compliance and advisory roles at other financial institutions, building the deep regulatory knowledge she brings to the role today.

Michelle Hancock brings a unique advisor-informed perspective to her role at IPI. Once working as a financial advisor herself, she understands the challenges financial professionals face and how operations can either hinder or support their work.

Under her leadership, IPI operations is designed to empower financial professionals and help them grow with confidence. Michelle lives in Illinois and continues to be inspired by the early spark that first drew her into investing as a young girl, when her dad invested a small inheritance from her aunt into Oppenheimer funds. She remembers receiving statements and asking her “financial advisor” questions, which started her on the path she’s on today.

Julie leads marketing, events, and communications at IPI, where she uses her creativity and service-oriented approach to build strong advisor partnerships. With her varied background in education, event planning, marketing, and ministry, she excels at designing impactful experiences and communications. She collaborates closely with financial professionals, business partners, and the home office staff to cultivate strong partnerships, manage communication, and deliver high-value events.

Committed to ensuring every interaction, from large events to individual projects, is marked with attention, clarity, and effectiveness, she focuses on empowering financial professionals to expand their businesses through strategic storytelling and community engagement. Based in Decatur, Illinois, Julie and her husband Todd stay busy with a crew of kids from ages 16 to 26, their dogs, chickens and a horse. Enjoying her life filled with a love of faith, fantasy football, travel, and the occasional martini.

Since joining IPI Wealth Management in 2016, Teanna has leveraged her 20+ years of experience to enhance operational efficiency and strengthen advisor-client relationships. Her prior leadership roles in pharmacy and retail, along with eight years in banking, give her a unique perspective on service, precision, and people management.  Financial professionals benefit from her detail-oriented mindset and ability to streamline service processes with care. 

Teanna is a lifelong resident of Decatur, Illinois, with deep roots in the community and a strong commitment to client service. She is married and is a proud mother and grandmother. She enjoys spending time with her loved ones and contributing to the Decatur community she’s always called home.

Lori brings more than 30 years of accounting experience to her role at IPI, where she specializes in advisory fees, accounts receivable, and FINRA license renewals. Her precision and knowledge help financial professionals maintain accurate records and stay current with regulatory filings.

Lori has been a vital part of the IPI team for nearly a decade, offering reliable support on the behind-the-scenes details that keep practices running smoothly. Her background in bookkeeping ensures financial professionals have a strong foundation for financial operations. Based in Illinois, Lori enjoys camping, four-wheeling, and spending time with her grandchildren.

Since beginning his career in 2006 as a Registered Representative and Financial Advisor, Eric has gained extensive experience supporting financial professionals through various roles. He served as an OSJ and operations manager at an independent firm for over a decade before joining IPI as a supervising principal in 2022.

Eric’s focus on advisor oversight, practice management, and operational excellence, makes him a key partner in helping financial professionals build sustainable, compliant businesses.

He enjoys spending time with his wife and teenage son, using the weekends (weather permitting) to get outside and play golf.

Karen is a trusted resource for financial professionals navigating advisory operations and billing. With more than two decades at IPI in both home office and branch roles, she brings deep insight into advisor needs from both a strategic and practical standpoint.

Karen’s responsibilities include reviewing advisory business, managing the fee billing process, and ensuring operational accuracy. Karen holds multiple FINRA licenses (Series 4,7,24, and 66 registrations along with her insurance license) and leverages her background in client services and compliance to support advisor success. Originally from Central Illinois, she now lives in Bowling Green, KY with her husband and three children.

Sofia Acosta plays a vital support role at IPI. She keeps processes organized, details accounted for, and behind-the-scenes functions running smoothly. Her goal is to free financial professionals to focus on client relationships and strategic growth. Her dedication to supporting the team ensures that no task is too small to receive her full attention.

Advisors can count on Sofia for reliability, responsiveness, and thoughtful execution. When she’s not at work, you’ll find her out in the garden, walking her dogs at the park, hiking and enjoying the outdoors, simple activities that bring her peace and joy.

With over 25 years of experience in financial services, Mark offers firsthand knowledge and seasoned guidance to financial professionals. His past roles include a mortgage originator, a banker, a licensed representative, a bank branch manager, recruiter, licensing coordinator and he is now a compliance officer at IPI.

As a compliance officer, Mark supports financial professionals by ensuring regulatory requirements are met and offers guidance across a range of business models. His breadth of experience makes him a valuable resource for navigating industry complexities and maintaining compliant practices.

Lisa Courtney supports IPI financial professionals with accuracy and consistency in broker-dealer commissions and accounts payable. Having originally joined IPI in 2006, she brings a long-standing familiarity with the systems and workflows that keep operations moving. Her return to the firm in 2023 speaks to her dedication to the advisor community and her passion for reliable service.

Lisa’s attention to detail and historical knowledge make her a valuable resource for financial professionals navigating commissions and financial processing. Outside of the office, she enjoys Jeep adventures with her husband and friends and spending time with her four grandchildren.

Kathryn Franklin supports IPI’s financial professionals by creating visual content that elevates brand messaging and professional presence. With a BFA in Graphic Design and a strong command of Adobe tools, she collaborates closely with the Marketing Director to deliver high-quality, on-brand design materials.

Kathryn ensures financial professionals have polished, compelling content to communicate effectively with clients. Her creativity and attention to detail help bring clarity and professionalism to every advisor-facing initiative. Outside of work, Kathryn is active in her church nursery, caring for children on Sunday and Wednesday evenings.

Carla plays a role in ensuring financial professionals have the support and resources needed to operate smoothly. She assists in coordinating travel schedules, human resources, license renewals and provides support to the compliance department, making her a key point of connection for financial professionals navigating the home office.

Carla is committed to fostering productive relationships across the firm, aligning her work with IPI’s Guiding Principles to promote collaboration and service. Her behind-the-scenes coordination allows financial professionals to focus more on their clients and less on operational logistics. Based in Illinois, Carla is often the first person you will talk to—and always ready to connect you with the right team member.

Collin brings over a decade of experience in client support to his role at IPI, where he focuses on helping to deliver a seamless experience. His ability to navigate requests and provide responsive, thoughtful assistance makes him a dependable resource for financial professionals to manage growing practices.

He has been part of the IPI team since 2021 and is deeply committed to helping financial professionals thrive. Based in Decatur, Collin can be found building and customizing computers, enjoying golf and basketball, exploring new cuisines, and spending time at home with his wife and four lively cats.